901 E Claremont Street, Phoenix, AZ 85014

$1,850,000
List Price
$1,850,000
Status
ACTIVE
Days on Market
51
MLS#
6669370
Subtype
Multiple Dwellings
Year Built
1962

Property Description

Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, 901 E Claremont St is an apartment community primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers. Built in 1962, 901 E Claremont St is comprised of studio, two, and three-bedroom floorplans covering an average of ±1,053 square feet with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units at each location primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.

Additional Information

Taxes
$4,323
Zoning
R-3
Flooring
Carpet, Vinyl
Heating
Individual, Ceiling
Air Conditioning
Individual, Electric, Ceiling Fan(s)
Exterior Construction
Painted, Stucco, Block, Frame - Wood
Parking Features
>1 Space Per Unit
School District
Phoenix Union High School District

Mortgage Calculator

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Listing courtesy of Marcus & Millichap.

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